In February 2020, Emerald Creek Capital provided a $1,800,000 acquisition loan in the Kensington neighborhood of Brooklyn, NY. The loan is secured by a one-story retail building with 4,550 square feet of rentable area. The subject property is fully occupied by six commercial tenants. Located just south of Prospect Park, Kensington is a desirable, family-oriented neighborhood mostly consisting of quiet tree-lined streets. The subject property is located at the intersection of a main commercial corridor and is easily accessible by the F and G subway lines.
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